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Monday, January 25, 2010

INERGY HOLDINGS SOARING!



A three point plus gain is on the board with today's biggest winner as Inergy Holdings lifts its payout substantially. And this GP of Inergy LP (NRGY) has tripled (yes boys and girls tripled) from the lows of last year. Inergy LP (NRGY) also ups the payout and has performed well in this rally but not to the same extent as the gp.

MLPS are up nicely today as we get back all of Fridays losses and more. The index is up over 3 points. Nustar (NS) is a 1 point plus winner today. K-Sea got an upgrade today and its up over 1 as well; a big percentage winner. Most mlps are up fractions to a point. No outstanding losers that i could find.

3 comments:

Max said...

Joe,

Any idea why LINE has been getting absolutely crushed? My profits have been vaporized in just the last two trading days. I thought their sales were hedged out to 2012

joewxman said...

i cant find anything specific. I have noticed that both Linn and Alliance Resource Partners (ARLP) have pulled back sharply together. Im not sure if this is the common thread here. Some on the yahoo board are taliking about some insider sales of big blocks. Im not sure if thats relevant. It could be the Raymond James downgrade still playing out. I will keep looking around.

Max said...

Thank you Joe. Absent any really bad news on LINE, my instinct is to double down as the yield has been very good and stable.